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Aluminum smelters in China face winter power shortage
Edited by : AL CIRCLE
1 min read
... According to Macquarie Group Ltd, aluminum smelters in China may face a “critical shortage” of power that prevents them from ramping up output in the first quarter of 2011, helping to buoy prices as stockpiles decline further. ... The report said that the power curbs led to a drawdown in aluminum inventories at so-called reported warehouses in China from 1.3 million tons in May to less than 600,000 tonnes, ...
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